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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow Jerry Falwell Jr. mixed his personal finances with his university's
https://www.reuters.com/article/us-usa-falwell-legacy-insight/how-jerry-falwell-jr-mixed-his-personal-finances-with-his-universitys-idUSKBN25V27LWASHINGTON (Reuters) - After parting ways with President Jerry Falwell Jr in the wake of personal scandals, Liberty University has hired a firm to investigate all facets of Falwells tenure, including the schools financial and real estate operations.
There may be much to untangle.
Falwell, who took over as president of Liberty in 2007 after years as a lawyer handling its real estate interests, intertwined his personal finances with those of the evangelical Christian university founded by his father.
He put his two sons - and their wives as well - on the universitys payroll. He arranged the transfer of a multi-acre Liberty facility to his personal trainer. He enlisted a friends construction company to manage an ambitious campus expansion costing hundreds of millions of dollars.
And before becoming school president, Falwell set up two companies that enabled him to cut property deals with one of the many nonprofit entities affiliated with the university, Reuters found. In each of the deals, Falwell played multiple roles with potentially conflicting interests: He was an officer of the university, a board member for the nonprofit selling the land, and a private developer who could profit from the transactions.
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How Jerry Falwell Jr. mixed his personal finances with his university's (Original Post)
WhiteTara
Sep 2020
OP
Iliyah
(25,111 posts)1. Frankin graham is another . . .
PJMcK
(22,031 posts)2. Falwell sounds like a good Christian
Quite the special man.
MontanaMama
(23,307 posts)3. Grifters.
Theres so much clean up to do.
hibbing
(10,096 posts)4. No wonder he loves the trumpster n/t
BComplex
(8,036 posts)5. He learned well from other republicans...that's how they roll.
Crooks and grifters, each one.
Skittles
(153,150 posts)6. sounds like a true repuke
Indykatie
(3,696 posts)7. Did Liberty Have a Board of Regents or Some Group Charged with Oversight?
It's probably a moot point though. Usually when things are this f**cked up the board is usually aware and look away at the corruption going on.
hunter
(38,310 posts)8. I'm sure they'll find hush money paid out to students the Falwells, um, partied with.
But they won't disclose those to "protect" the school's reputation and, hypocritically, the students involved.
Liberty University is just another scummy "Christian" business.